Consider Panels B and D in Figure 16.4. Using the information in each panel, compute the share
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In figure 16.4.
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Year Panel a) Firm assets 1.67 3.33 0,000.00 6,279.12 26,50098 43,141.27 7502.88 12,214.03 19.883.36 5629.32 9164.04 4223.61 (b) Ordinary bond Price $694.47 Yield 7.29% 4166.82 4912.38 5429.02 6000.00 5429.02 6000.00 4471.64 6000.00 4223.61 (c) Call schedule N/A4791.10 5361.58 6000.00 (d) Callable bond 4109.14 4791.10 5361.58 6000.00 4371.73 5361.58 6000.00 4471.64 6000.00 4223.61 Price $684.86 Yield 7.57% (e Convertible bond Price $887.39 Yield 2.39% 5324.34 7578.78 11,357.56 18,489.12 4733.96 6351.59 8521.44 4471.64 6000.00 4223.61 (f Callable convertible bond 4908.85 6976.77 11,357.56 18,489.12 4371.73 5361.58 8521.44 4471.64 6000.00 4223.61 Price Yield $81 8, 14 4.01%
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